8389 Raymond Dr, Boynton Beach
Palm Beach County Real Estate - Boynton Beach
Boynton Beach is in South East Florida. It's population as recorded in the 2010 Census was 68,217.
The median age for residents of Boynton Beach is 41.9. Around 25% of Boynton Beach households include school aged children and 35.4% of households include individuals aged 65 years or over. Census records indicate 62.4% of the Boynton Beach population are White, 30.2% are Black or African American, .2% American Indian, 2.1% Asian and 2.1% are Two or more Races.
There are 36,289 housing units in Boynton Beach. 7,185 (19.7%) of these were reported as vacant in the 2010 Census. Boynton Beach is a tourist destination, 46.3% (3,330) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 11,388 residential rental units in Boynton Beach. 9,788 of them were occupied in 2010 providing a residential rental vacancy rate of 13.7%.
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 8407 Raymond Dr | Single Family | 2,303 | B |
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| 8371 Raymond Dr | Single Family | 1,933 | B |
|
| 8425 Raymond Dr | Single Family | 1,876 | B |
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| 8353 Raymond Dr | Single Family | 2,293 | B |
|
| 8390 Raymond Dr | Single Family | 1,925 | B |
|
| 8408 Raymond Dr | Single Family | 1,342 | B |
|
| 8370 Raymond Dr | Single Family | 1,415 | B |
|
| 8424 Raymond Dr | Single Family | 1,881 | B |
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| 8443 Raymond Dr | Single Family | 2,486 | B |
|
| 5311 Raymond Dr N | Single Family | 1,929 | B |
|
| 8389 Elaine Dr | Single Family | 1,743 | B |
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| 8371 Elaine Dr | Single Family | 2,153 | B |
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| 8407 Elaine Dr | Single Family | 1,980 | B |
|
| 5295 Raymond Dr N | Single Family | 2,230 | B |
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| 8442 Raymond Dr | Single Family | 1,855 | B |
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| 8461 Raymond Dr | Single Family | 2,032 | B |
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| 8425 Elaine Dr | Single Family | 1,475 | B |
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| 5281 Raymond Dr N | Single Family | 1,980 | B |
|
| 8460 Raymond Dr | Single Family | 1,876 | B |
|
| 8443 Elaine Dr | Single Family | 1,876 | B |
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| 8388 Theresa Rd | Single Family | 2,032 | B |
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| 8406 Theresa Rd | Single Family | 2,032 | B |
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| 5267 Raymond Dr N | Single Family | 2,188 | B |
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| 8370 Theresa Rd | Single Family | 2,032 | B |
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| 8479 Raymond Dr | Single Family | 2,242 | B |
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| 8422 Theresa Rd | Single Family | 1,876 | B |
|
| 8461 Elaine Dr | Single Family | 2,382 | B |
|
| 8480 Raymond Dr | Single Family | 1,667 | B |
|
| 8354 Theresa Rd | Single Family | 1,980 | B |
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| 8440 Theresa Rd | Single Family | 1,876 | B |
|
| 8390 Elaine Dr | Single Family | 1,431 | B |
|
| 8408 Elaine Dr | Single Family | 2,004 | B |
|
| 8370 Elaine Dr | Single Family | 1,743 | B |
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| 5253 Raymond Dr N | Single Family | 2,032 | B |
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| 8424 Elaine Dr | Single Family | 1,594 | B |
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| 5382 Steven Rd | Single Family | 2,009 | B |
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| 5370 Steven Rd | Single Family | 2,080 | B |
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| 5343 Benjamin Ave | Single Family | 2,293 | B |
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| 8479 Elaine Dr | Single Family | 977 | B |
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| 8458 Theresa Rd | Single Family | 1,876 | B |
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| 5394 Steven Rd | Single Family | 1,704 | B |
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| 5356 Steven Rd | Single Family | 1,876 | B |
|
| 8442 Elaine Dr | Single Family | 1,402 | B |
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| 5363 Benjamin Ave | Single Family | 2,032 | B |
|
| 8500 Raymond Dr | Single Family | 1,958 | B |
|
| 8330 Theresa Rd | Single Family | 2,242 | B |
|
Local Household Income
The median household income in this part of Florida is $58,828. The bottom 10% of the population earn less than $15,713 per year. The top 10% earn more than $151,965 per year. The top 1% earn more than $508,812 per year. Most renters earn between $24,120 (20th percentile) and $44,712 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $117,656 and $147,070.
The tax assessed value of this property places it in percentile 62 of all properties in this area. This suggests it would appeal to someone earning around $74,033 per year who should qualify for a mortgage between $148,066 and $185,083.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,028. Most renters earn between $2,010 and $3,726 per month. They typically spend 39% of their monthly income on rent. Most rents fall in the $781 (20th percentile) to $1,371 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 62 of all properties in this area. This corresponds to a rent of $1,137 per month and a monthly household income of $3,020 ($36,240 per year)
Nearby Companies
8353 Raymond Dr
5363 Benjamin Ave
8460 Raymond Dr